Hollywood Hunter

Chapter 112 - Freeze Frame

Latest URL: As the spring 1997 press conference ended, the discussion about the new Tinkerbell products on the Internet, TV, and print media began that afternoon.

Especially on the Internet.

Within a few hours of the press conference, the Ignite portal, Facebook social network, Instagram, YouTube, and other platforms were abuzz with content about Tinkerbell's new product launch, thanks to Westeros' strong position in new technologies.

Among them, YouTube videos of professional and non-professional reviews of the new iCam, iRec and iWorld sharing terminals and the most popular iMac PC were viewed by more than 600 million people in just five hours after the launch.

On Facebook, topics such as the big price drop of the iCam and the iMac, the standard eco-friendly lithium-ion battery for all Tinkerbell products, and the trial of the iMac were all on the top of the charts.

This is not to mention the official top-posted news items on the Ignite portal.

As of February 1997, the number of overseas Internet users had reached 530 million as of the last count, following the North American outbreak, so it can be said that over 500 million Internet users around the world who have recently come into contact with the Internet could not escape the information storm of Tinkerbell's 1997 Spring Product Launch.

So much so that the official Facebook account of the New York Times couldn't help but make fun of it that evening, saying that the media storm had saved Tinkerbell at least $1 billion in advertising costs.

As a result, at 8:00 p.m. EST, the number of paid reservations for both the new generation and the iCam surpassed one million in just one minute, as Tinkerbell's official website and Ignite's Amazon.com flagship store went up for pre-order, though only in North America for now.

It was the controversial iMac that surprised everyone the most.

As the industry was generally inclined to be very cautious about this new and expensive operating system for personal computers, after the launch, a large number of user review videos were made available on YouTube to analyze every aspect of the iMac-10, making it unnecessary for consumers who were hesitant to go to a store to try it out or wait for feedback from their neighbors.

We are pleased to announce that we are now able to offer the latest in a new generation of 3D visualization software for the Windows Phone.

Even Tinkerbell officials didn't expect that the iMac-10 would be available for pre-order in less than half an hour, but the two platforms already have more than 100,000 reservations for the PC.

Then, as of 12:00 a.m. West Coast time, which is the equivalent of seven hours of pre-sales, the iMac-10's total pre-sales had reached 390,000 units.

Since most of the pre-orders were for the $1,500 price configuration instead of the standard $1,299 base model, that's the equivalent of seven hours, and the iMac personal computer generated nearly $600 million in sales.

7 hours, 390,000 pre-sales, $600 million in sales, what kind of level is that?

According to industry statistics, it is expected that in 1997, the global PC shipments will be about 170 million units, of which North America still occupies about 35% of the market share? This is equivalent to an average sales volume of 1.15 million units per week.

That's equivalent to an average of 1.15 million units sold per week.

The week before the Tinkerbell launch? 1.17 million PCs sold in North America, roughly in line with industry forecasts.

Now? Even taking into account the new product launch resulting in user taster mentality? The iMac-10's pre-sale of 390,000 units in just seven hours is equivalent to stealing more than 30% of the North American PC market share in a single week. Of course, this calculation is not scientific, but it is very intuitive. But it is a very intuitive way to show one thing: Tinkerbell's iMac is not a threat to the Windows operating system, which has a near monopoly on the PC market. It's definitely not unthreatening.

The next Sunday, when the news of the iMac-10 sale hit the media, Microsoft couldn't take it anymore. Microsoft could no longer remain calm.

Faced with the public pressure, Daimen chose to give an interview at his family's mansion on the shores of Lake Mussel in Seattle. The reason for choosing to give an interview in a private mansion is that it is a Sunday off. Obviously, there was also a consideration that Daimen wanted to show a stable posture.

It is a pity. In the face of the reporter's various sharp questions, the actual character of Daimen students absolutely not good after all could not hold back, and launched a massive attack on the iMac, saying that the development of the operating system is not a child's building blocks, and absolutely can not be completed in a short period of time. At the same time, he stressed that Microsoft has 19,000 employees, and the iMac R&D team has less than 1,000.

In the end? In the end, the students also brought several media reporters to a living room of their mansion and showed them a red-case Windows computer, which was obviously prepared in advance. It was not without irony that he said he could make a beautiful computer by himself, but this was not an innovation.

The interview was on every platform that afternoon.

And then? It quickly went sideways.

In particular, a video on YouTube? Apparently with some spoof editing? Although it's only about two minutes long, it magically achieves a rather odd comedic effect by repeatedly splicing and replaying some of the footage of Daimon's classmates criticizing the iMac.

Although the simple people of this era didn't know what a 'haunted animal' was, certain emotions were nevertheless shared.

As a result, the video on YouTube quickly became popular and drew overwhelming ridicule.

The most popular comment below the video in question undoubtedly reflected the sentiment of most people: He looks like an agitated monkey!

The video was deleted by YouTube, but within a few hours, the cumulative number of views exceeded 20 million, and many people re-uploaded the original video after it was deleted by YouTube, and all kinds of related pictures were quickly circulated. The anxious monkey had been destined to become a black history that Daimon's students could not shake off.

In the midst of all this excitement, the weekend of late March finally passed.

It was March 24th.

The new week.

The day of the Academy Awards ceremony.

New York City.

A bustling Manhattan, where many people started the day as usual.

However, it was destined to be an extraordinary day.

The start of a new week in the stock market is still exciting, and it is entirely conceivable that the overwhelming response to Tinkerbell's press conference on the previous Saturday must have carried over to the stock market.

Thus, the stock market opened in the morning, and with Tinkerbell's stock price soaring, the Nasdaq also managed to break through the 7,000 level, reaching 7,045 in the first half hour of trading.

At the same time, the Westeros concept stocks, have another record high.

Half an hour after the market opened.

Tinkerbell's gains were led by a 4.7% increase in share price and a market capitalization of $417.9 billion.

Igret, as the leader, also rose 1.6%, with a market capitalization of $923.3 billion, and a trillion-dollar market capitalization more and more in sight.

And then.

Cisco, up 0.9 percent, with a market cap of $653.5 billion.

America Online, up 2.1 percent, with a market cap of $38.67 billion.

Next door on the New York Stock Exchange, Daenerys Entertainment, up 0.6 percent, with a market cap of $569.1 billion.

Nokia, up 1.7 percent, with a market capitalization of $218.6 billion.

Verizon, up 1.3 percent, has a market capitalization of $171.9 billion.

In addition, the inevitable impact on Microsoft, a heavy Westeros holdings, shares fell 3.9% in the first half hour of trading, with a market capitalization still as high as $282.1 billion.

Intel, up 0.3 percent, has a market capitalization of $236.3 billion.

Oracle, up 1.5 percent, with a market capitalization of $79.3 billion.

SUN, up 0.8 percent, with a market capitalization of $116.3 billion.

......

......

Then, everything freezes!

Lawrence Fink had just walked out of his office with several executives after a week-long executive meeting at the Cersei Capital headquarters in Rockefeller Center, on the floor of Black Rock Asset Management, when one of his assistants hurried up to him and quickly revealed something.

Just after 10:00 a.m., the stock exchange department suddenly noticed a large number of sell orders for Microsoft stock, amounting to more than $300 million.

No sooner had he finished speaking than another head of the stock exchange department rushed forward again, and the words came out of his mouth: "Crash, crash ......".

When Lawrence Fink brought several executives together in front of a computer displaying a stock ticker, it was not yet 10:05 a.m. Microsoft's stock had fallen 12%, and the cumulative stock sell orders were rapidly accumulating to over $2 billion.

As a result of Microsoft's stock plunge, HP, Compaq, Dell, IBM and other Windows-based PC makers saw their shares plummet, which in turn affected the overall turn of the Nasdaq market.

Those who came later in time and space, if they were to compile the history of the Internet industry, probably would not have missed this date.

March 24, 1997.

At 10:00 a.m., because of the huge response to Tinkerbell's spring conference on Saturday, the new week of technology stocks had started off well, but with the sudden appearance of a large number of Microsoft stock sell orders in the market, the bubble of the soaring Nasdaq finally burst and collapsed after breaking through the 7,000-point high.

All of this, seemingly by chance, was almost inevitable.

Compared to a mere 300 points in 1990 and a high of 7045 in 1997, the Nasdaq has grown 23 times as fast as it did in seven years.

Even if the boom in the new technology industry opened up a completely new era, a stock index that rose 23 times in seven years could not have been normal after all.

However, the new technology bubble that many people had been warning the public about repeatedly in 1995 and even earlier, miraculously made it all the way to 1997, reaching a high of 7,390, which was more than miraculous, even miraculous to many uninformed onlookers who didn't know anything about financial stocks.

A miraculous bubble is a bubble after all.

No bubble can escape the destiny of bursting.

Therefore, the plunge in Microsoft's stock price is just a chance, and when chance happens, it is inevitable in many people's minds, and so, everyone has an idea in their hearts.

IT'S THE TIME NOW!

Los Angeles.

Simon received the news on the spur of the moment at the breakfast table at the Point Dume manor, feeling both slightly sad and somewhat odd at the same time.

It was still Microsoft.

Once the collapse of the NASDAQ involved Microsoft, and this time, it was still Microsoft.

It is a pity that after all, things are not the same as people.

Janet, however, was quite regretful: "$923.3 billion ah, just less than 80 billion to break the $100 billion mark, what a pity."

Naturally, this is a reference to Ygritte.

Before that, even Simon himself thought that Ygritte's market capitalization might exceed $100 billion, and also judged that this might be another potential opportunity for the Nasdaq to turn, but unfortunately it was finally set at $923.3 billion, $76.7 billion short of the trillion threshold, about 8 points of stock price gains.

But it doesn't matter.

"Even if the bubble bursts this time, the trend of the information industry will not be reversed, and in the next few years, just the Ygritte I plan to split could fracture into several trillions! Market capitalization behemoths. And then there's Tinkerbell, which also has trillion-dollar potential, and by the way, maybe it's not impossible for Tinkerbell to achieve a market capitalization overtake of Ygritte in the next few years."

Jennifer looked up at the other side and said, "Tinkerbell, it shouldn't be easy, should it?"

Even though the response to last Saturday's spring launch was overwhelmingly positive, many people still subconsciously felt that as an electronics company, Tinkerbell was much inferior to Ygritte and other Internet companies, both in terms of style and prospects.

Simon, of course, could not produce evidence that Tinkerbell would go all the way up.

However, the iMac's market feedback has made him realize that Tinkerbell is already in the same position that Apple was at its peak. As long as everything went according to Simon's plan, it would only be a matter of time before Tinkerbell's market capitalization exceeded a trillion dollars, or even two trillion dollars.

After breakfast, Simon heads to Daenerys Studios, where almost everyone he meets today is discussing the Nasdaq turn.

Simon was still on schedule.

The first thing he did when he arrived at the office was to talk about Tinkerbell, something that had occurred to him over the weekend when he heard about the iMac-10 pre-sales explosion.

The time had come for Tinkerbell to open its own brand store.

Naturally, the idea was still inspired by the former Apple Store.

The idea had already come to Simon when the first iCam was a success, but unfortunately the product line was not broad enough to warrant the opening of a large physical store.

Now, with iCam and iRec as the main products, iMac as the core, and iVid and iDisk as the peripherals, Tinkerbell's product line is quite diverse.

With that in mind, Simon wrote down the plan for the Tinkerbell store yesterday, while spending Sunday with his family. As soon as he arrived at the office in the morning, he asked the A-girl to pass the proposal on to San Francisco.

On the other hand, due to the three-hour time difference between the east and west coasts, the North American stock market closed at 1:00 p.m. in Los Angeles. The Nasdaq, spurred on by the plunge in Microsoft-led Windows stocks, eventually sank 7.9% in a single day to close at 6403, down more than 600 points from its high of 7045 at around 10 a.m. The Nasdaq's high of 7045 was the result of a massive drop in the price of Windows.

The 7045 high on the Nasdaq, with a total market capitalization of $9.3 trillion.

A drop of more than 600 points in a single day caused the total market capitalization of the entire NASDAQ market to evaporate by $730 billion in one day.

Woe is the NASDAQ!